03-Oct-2026 15:25:34
PATELRMARTGeneral news
PATEL RETAIL LIMITED REVISES CREDIT RATINGS
• Acuité Ratings & Research has upgraded the long-term rating to ACUITE BBB+ (Stable) from ACUITE BBB and short-term rating to ACUITE A2 from ACUITE A3+ on ₹109.01 crore bank facilities. • Acuité has withdrawn the long-term rating on ₹116.73 crore of proposed bank facilities at the issuer's request. • The company's performance has improved, supported by a successful IPO and strengthened net worth. • The company is transforming from marketing to processing of agricultural commodities.
Patel Retail Limited
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